Property summary
This 7,440 square foot retail property, located at 6798 Dixie Hwy in the Village of Clarkston, Michigan (zip code 48346), presents a unique investment opportunity. Situated on a 1.55-acre waterfront lot with ample parking, this high-visibility location boasts 31,755 vehicles per day passing on Dixie Highway, between Main Street and White Lake Road. The existing building, totaling 7,440 square feet, includes a 1,970 square foot office space with a 3,940 square foot walkout lower level featuring full windows on two sides, and a 3,500 square foot adjacent cinema. The property features seven bathrooms. Both the office and cinema have been vacant for several years, presenting potential for renovation, repurposing, or demolition and new construction. The property is zoned for a variety of uses, including C-1, C-2, C-3, C-4, O-1, O-2, PUD, and PRU. The asking price is $895,000 ($120.30/sq ft), and the owner is open to negotiating land lease or land contract terms. This prime location offers significant potential for redevelopment and is in close proximity to downtown Clarkston.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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